VOL. XLIV
No 49
3-December-2001
KUWAIT
FitchAssigns BBB+ And F2 To Burgan Bank
Internationalratings agency Fitch announced on 20 November that it had assigned a foreign currencylong and short-term rating of BBB+ and F2 respectively to Kuwaits Burgan Bankand that the banks long-term rating outlook is stable. In a statement, theagency said that the bank had also been assigned an individual rating of C/Dand had an affirmed support rating of 2, reflecting comfortable capitaladequacy levels, (16.2% at...
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